Latest news with #SKchemicals
Yahoo
15-05-2025
- Business
- Yahoo
SK chemicals Signs MOU with Malaysia's Leading Kitchenware Manufacturer LH Plus - "Accelerates Expansion into Southeast Asian Market with Sustainable Materials"
SK chemicals Signs MOU with LH Plus to Supply 2,000 Tons of ECOZEN and SKYPET CR SK chemicals and LH Plus to Jointly Develop Kitchenware Products Using SK chemicals' Materials SHAH ALAM, Malaysia, May 15, 2025 /PRNewswire/ -- SK chemicals has partnered with Malaysia's leading company to expand its presence in the kitchenware materials market. SK chemicals (CEO and President: Ahn Jae-hyun) announces that it has signed an MOU with Malaysia's kitchenware manufacturer LH Plus (LH PLUS Sdn. Bhd.), to supply copolyester and circular recycled plastic materials. LH Plus, based in Malaysia, is a manufacturer of plastic kitchenware, selling approximately 6 million products annually, including food and beverage containers. It is the number one company in Malaysia in terms of production and sales volume in the kitchenware sector and supplies various products to renowned global brands. Under the MOU, SK chemicals will supply LH Plus with up to 2,000 tons of ECOZEN—a copolyester containing biomass—and SKYPET CR—a circular recycled PET made from waste plastics—by 2027. The 2,000 tons of raw materials can produce approximately 100 million 1-liter water bottles. The two companies will also collaborate on developing new kitchenware products using ECOZEN and SKYPET CR materials and expanding their reach among global brands. ECOZEN is a high-performance material known for its glass-like transparency, making it ideal for food containers where visibility is essential. It is free of bisphenol A (BPA), an environmental hormone, making it a safe and reliable choice for cookware and kitchenware. SKYPET CR, produced using advanced depolymerization technology, breaks down waste plastics at the molecular level and transforms them into raw materials, ensuring the same quality and properties as petroleum-based PET. Unlike mechanically recycled plastics, which are typically used in textiles and furniture, SKYPET CR can be used for a wide range of products that traditionally rely on petroleum-based PET, including food and beverage containers and tableware. It also addresses consumer concerns regarding hygiene and safety. Callum Chen, CEO of LH Plus, stated, "SK chemicals offers a diverse product portfolio, ranging from high-heat-resistant, transparent copolyesters to circular recycled plastic materials." He added, "This MOU will enhance our ability to meet the growing demand for sustainable kitchenware solutions, including recycled and bio-based materials." Kim Eung-soo, Head of the Green Materials Business Division at SK chemicals, stated, "The adoption of eco-friendly plastic materials, including recycled plastics, is steadily increasing across the Asia-Pacific kitchenware market." He added, "By partnering with LH Plus, we aim to deliver optimized solutions from materials to finished products and accelerate our expansion in the kitchenware market." View original content to download multimedia: SOURCE SK chemicals
Yahoo
14-05-2025
- Business
- Yahoo
SK chemicals Signs MOU with Malaysia's Leading Kitchenware Manufacturer LH Plus - "Accelerates Expansion into Southeast Asian Market with Sustainable Materials"
SK chemicals Signs MOU with LH Plus to Supply 2,000 Tons of ECOZEN and SKYPET CR SK chemicals and LH Plus to Jointly Develop Kitchenware Products Using SK chemicals' Materials SHAH ALAM, Malaysia, May 14, 2025 /PRNewswire/ -- SK chemicals has partnered with Malaysia's leading company to expand its presence in the kitchenware materials market. SK chemicals (CEO and President: Ahn Jae-hyun) announces that it has signed an MOU with Malaysia's kitchenware manufacturer LH Plus (LH PLUS Sdn. Bhd.), to supply copolyester and circular recycled plastic materials. LH Plus, based in Malaysia, is a manufacturer of plastic kitchenware, selling approximately 6 million products annually, including food and beverage containers. It is the number one company in Malaysia in terms of production and sales volume in the kitchenware sector and supplies various products to renowned global brands. Under the MOU, SK chemicals will supply LH Plus with up to 2,000 tons of ECOZEN—a copolyester containing biomass—and SKYPET CR—a circular recycled PET made from waste plastics—by 2027. The 2,000 tons of raw materials can produce approximately 100 million 1-liter water bottles. The two companies will also collaborate on developing new kitchenware products using ECOZEN and SKYPET CR materials and expanding their reach among global brands. ECOZEN is a high-performance material known for its glass-like transparency, making it ideal for food containers where visibility is essential. It is free of bisphenol A (BPA), an environmental hormone, making it a safe and reliable choice for cookware and kitchenware. SKYPET CR, produced using advanced depolymerization technology, breaks down waste plastics at the molecular level and transforms them into raw materials, ensuring the same quality and properties as petroleum-based PET. Unlike mechanically recycled plastics, which are typically used in textiles and furniture, SKYPET CR can be used for a wide range of products that traditionally rely on petroleum-based PET, including food and beverage containers and tableware. It also addresses consumer concerns regarding hygiene and safety. Callum Chen, CEO of LH Plus, stated, "SK chemicals offers a diverse product portfolio, ranging from high-heat-resistant, transparent copolyesters to circular recycled plastic materials." He added, "This MOU will enhance our ability to meet the growing demand for sustainable kitchenware solutions, including recycled and bio-based materials." Kim Eung-soo, Head of the Green Materials Business Division at SK chemicals, stated, "The adoption of eco-friendly plastic materials, including recycled plastics, is steadily increasing across the Asia-Pacific kitchenware market." He added, "By partnering with LH Plus, we aim to deliver optimized solutions from materials to finished products and accelerate our expansion in the kitchenware market." View original content to download multimedia: SOURCE SK chemicals Sign in to access your portfolio
Yahoo
14-05-2025
- Business
- Yahoo
SK chemicals Strengthens Position in Cosmetics Packaging with Circular Materials at China Beauty Expo
Featured products made with ECOTRIA CLARO, a copolyester engineered for cosmetics containers Introduced CLARO-CR70—delivering the same performance as CLARO, now with recycled content SHANGHAI, May 14, 2025 /PRNewswire/ -- SK chemicals is strengthening its foothold in the cosmetics container market with circular recycling materials optimized for packaging. On May 14, SK chemicals (CEO Ahn Jae-hyun) announced its participation in China Beauty Expo 2025, held from May 12 to 14 at the Shanghai New International Expo Center (SNIEC). Now in its 29th year, China Beauty Expo is the largest beauty trade show in Asia, drawing more than 400,000 visitors from over 80 countries. The event brings together global cosmetics brands and supply chain players—from R&D and manufacturing to packaging and logistics—to showcase cutting-edge trends, technologies, and products. This year's expo featured over 3,200 exhibitors and more than 10,000 brands. Holding the leading market share in China's copolyester sector, SK chemicals presented under the slogan "On-Hand Solution for a Sustainable Future," focusing on commercially available circular materials for cosmetics packaging. SK chemicals exhibited a range of premium skincare product containers developed and commercialized in collaboration with global cosmetic brands. The lineup, which received positive feedback from visitors, included products made from recycled materials and materials designed to enhance recyclability after use. Among the items on display were skin and lotion bottles, cream jars, compact cases, and various cosmetic caps manufactured with ECOTRIA CLARO, a copolyester that can be sorted and recycled within the PET (polyethylene terephthalate) stream. Also showcased were skin and lotion bottles, fragrance caps, and cushion compact lids made with ECOTRIA CLARO-CR70, a "recycled and recyclable" material that incorporates post-consumer recycled (PCR) content designed to remain recyclable after use. These materials are not only compatible with a variety of container formats but also deliver the mechanical strength and aesthetic quality required for premium cosmetic packaging, which can be attributed to their high-performance copolyester base. Compared to conventional plastics such as PET, copolyester offers superior transparency, even in thick-walled containers, making it ideal for high-end applications where crystal-clear presentation is essential. CLARO-CR70, the aforementioned high-performance circular copolyester material introduced last year, contains up to 70% PCR content. CLARO CR70 uses recycled plastic as a raw material and can be recycled after use, making it an ideal material for establishing a closed-loop plastic recycling system. In addition, the company featured other sustainable materials tailored for beauty applications, including SKYPET CR, a circular PET suited for large-volume body care packaging, and ECOTRION, a 100% bio-based polyol derived from plants, used in cushion puffs and synthetic leather accessories. Kim Eung-soo, Head of SK chemicals' Green Materials Business Division, commented, "Nearly 60,000 tons of cosmetic containers are discarded globally every year, and about 90% remain unrecycled due to the difficulty of separating mixed materials." He added, "By leveraging our depolymerization-based circular recycling technologies, we aim to build a sustainable, closed-loop ecosystem for cosmetics packaging through active collaboration with our partners." Earlier, in October 2024, SK chemicals first introduced cosmetic containers made with CLARO CR70 in partnership with global luxury packaging firm Toly. In 2023, the company continued its partnership by signing MOUs with international beauty brand Estée Lauder, Yonwoo, a subsidiary of Kolmar Korea and leading global original design manufacturer (ODM) COSMAX, to develop sustainable plastic containers. View original content to download multimedia: SOURCE SK chemicals Sign in to access your portfolio
Yahoo
14-05-2025
- Business
- Yahoo
SK chemicals Strengthens Position in Cosmetics Packaging with Circular Materials at China Beauty Expo
Featured products made with ECOTRIA CLARO, a copolyester engineered for cosmetics containers Introduced CLARO-CR70—delivering the same performance as CLARO, now with recycled content SHANGHAI, May 14, 2025 /PRNewswire/ -- SK chemicals is strengthening its foothold in the cosmetics container market with circular recycling materials optimized for packaging. On May 14, SK chemicals (CEO Ahn Jae-hyun) announced its participation in China Beauty Expo 2025, held from May 12 to 14 at the Shanghai New International Expo Center (SNIEC). Now in its 29th year, China Beauty Expo is the largest beauty trade show in Asia, drawing more than 400,000 visitors from over 80 countries. The event brings together global cosmetics brands and supply chain players—from R&D and manufacturing to packaging and logistics—to showcase cutting-edge trends, technologies, and products. This year's expo featured over 3,200 exhibitors and more than 10,000 brands. Holding the leading market share in China's copolyester sector, SK chemicals presented under the slogan "On-Hand Solution for a Sustainable Future," focusing on commercially available circular materials for cosmetics packaging. SK chemicals exhibited a range of premium skincare product containers developed and commercialized in collaboration with global cosmetic brands. The lineup, which received positive feedback from visitors, included products made from recycled materials and materials designed to enhance recyclability after use. Among the items on display were skin and lotion bottles, cream jars, compact cases, and various cosmetic caps manufactured with ECOTRIA CLARO, a copolyester that can be sorted and recycled within the PET (polyethylene terephthalate) stream. Also showcased were skin and lotion bottles, fragrance caps, and cushion compact lids made with ECOTRIA CLARO-CR70, a "recycled and recyclable" material that incorporates post-consumer recycled (PCR) content designed to remain recyclable after use. These materials are not only compatible with a variety of container formats but also deliver the mechanical strength and aesthetic quality required for premium cosmetic packaging, which can be attributed to their high-performance copolyester base. Compared to conventional plastics such as PET, copolyester offers superior transparency, even in thick-walled containers, making it ideal for high-end applications where crystal-clear presentation is essential. CLARO-CR70, the aforementioned high-performance circular copolyester material introduced last year, contains up to 70% PCR content. CLARO CR70 uses recycled plastic as a raw material and can be recycled after use, making it an ideal material for establishing a closed-loop plastic recycling system. In addition, the company featured other sustainable materials tailored for beauty applications, including SKYPET CR, a circular PET suited for large-volume body care packaging, and ECOTRION, a 100% bio-based polyol derived from plants, used in cushion puffs and synthetic leather accessories. Kim Eung-soo, Head of SK chemicals' Green Materials Business Division, commented, "Nearly 60,000 tons of cosmetic containers are discarded globally every year, and about 90% remain unrecycled due to the difficulty of separating mixed materials." He added, "By leveraging our depolymerization-based circular recycling technologies, we aim to build a sustainable, closed-loop ecosystem for cosmetics packaging through active collaboration with our partners." Earlier, in October 2024, SK chemicals first introduced cosmetic containers made with CLARO CR70 in partnership with global luxury packaging firm Toly. In 2023, the company continued its partnership by signing MOUs with international beauty brand Estée Lauder, Yonwoo, a subsidiary of Kolmar Korea and leading global original design manufacturer (ODM) COSMAX, to develop sustainable plastic containers. View original content to download multimedia: SOURCE SK chemicals
Associated Press
14-04-2025
- Business
- Associated Press
SK chemicals to Participate in CHINAPLAS 2025 Showcasing Real-World Sustainable Material Solutions
- Presenting Immediately Applicable Circular Recycling Technologies, Solutions, and Use Cases - Comprehensive Showcase of Sustainable and Specialty Lineups Including Circular Recycling, Copolyesters, and Bio-Based Materials SEONGNAM, South Korea, April 14, 2025 /PRNewswire/ -- SK chemicals will showcase its technological capabilities at CHINAPLAS, one of the world's top three plastics exhibitions. SK chemicals (CEO and President Ahn Jae-hyun) announced on the 13th that it will participate in CHINAPLAS 2025, to be held from April 15 for three days at the Shenzhen World Convention and Exhibition Center in Guangdong Province, China. CHINAPLAS is recognized as one of the world's top three chemical industry exhibitions alongside NPE in the U.S. and K show in Germany, and is considered the largest in Asia. This year's exhibition will be held under the themes of △Transformation △Collaboration △Sustainability, with over 4,000 companies from approximately 150 countries expected to participate and showcase the latest innovative technologies. At this year's exhibition, SK chemicals will present its sustainable specialty solutions under the slogan 'On-hand solution for sustainable tomorrow.' Rather than presenting future plans or technologies still under development, SK chemicals will focus on showcasing proven and commercially available products—such as the world's first chemically recycled materials—highlighting sustainable technologies and solutions that can be implemented immediately. In the field of circular recycled materials based on depolymerization technology, SK chemicals will showcase a lineup of recyclable materials designed with both pre- and post-use recyclability in mind. This includes: △ CLARO, a copolyester classified as post-consumer PET, applied to skincare and makeup products from L'Oréal and Estée Lauder △ SKYPET CR, a PET material used in Samdasoo water bottles and Coldplay's eco-friendly vinyl records △ ECOTRIA CR, a circular recycled copolyester used in interior tiles by CS Group. SK chemicals will also exhibit everyday consumer products that feature its flagship materials, including: △ ECOZEN, a high-heat-resistant bio-based copolyester used in various kitchen appliances, food storage containers, baby tableware, and sports bottles △ SKYGREEN, a high-performance PETG applied in cosmetic packaging and iced cups, valued for its exceptional transparency, chemical resistance, and processability. SK chemicals will also present △ ECOTRION, a 100% plant-based bio polyol used in spandex, synthetic leather, and urethane elastomers △ SKYPEL, a polyester-based elastomer that combines the properties of rubber and engineering plastics, used in automotive parts, industrial hoses, subsea cables, and breathable films, along with related application products. Ahn Jae-hyun, President of SK chemicals, stated, 'Through this exhibition, we aim to clearly demonstrate that a sustainable plastic ecosystem—where plastic products are recycled back into new plastic products—is not a distant future goal, but a solution that can be realized today.' He added, 'We will continue to build success cases through close collaboration with leading companies across industries and actively promote our unique technologies and products, including circular recycling solutions.' SK chemicals' circular recycling is based on depolymerization technology, which breaks down waste plastics at the molecular level to reuse them as raw materials. Unlike mechanical recycling, it maintains the properties and quality—such as the transparency—equivalent to petroleum-based materials, and offers the added benefit of being recyclable again after use. It can also recycle a wide range of waste plastics—not only clear bottles typically used as recycled feedstock, but also colored containers, films, and trays. SK chemicals, leveraging its world-first commercialization of depolymerization technology, has built a broad lineup of recycled materials ranging from general-purpose PET to high-performance copolyesters such as PETG. View original content to download multimedia: SOURCE SK chemicals
